Alchevsk Steel reports weak 1Q12 results

26 April 2012

Alchevsk Iron & Steel (ALMK UK) reported a 22% yoy decline in revenues to USD 452 mln in 1Q12. EBITDA turned to negative at USD 10 mln (vs. positive USD 25 mln a year ago) and its net losses grew 3.8x yoy to USD 39 mln.

Latest News

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

More details

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

More details

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...

More details